Section 1150.24 - Under what conditions will the Endowment make a refund of amounts collected by salary offset?(a) If the Endowment is the creditor agency, it will promptly refund any amount deducted under the authority of 5 U.S.C. 5514 , when: (1) The debt is waived or all or part of the funds deducted are otherwise found not to be owed (unless expressly prohibited by statute or regulation); or(2) An administrative or judicial order directs the Endowment to make a refund.(b) Unless required or permitted by law or contract, refunds under this section will not bear interest.